- Avg. revenue /month$68,161
- Avg. sessions /month57,185
- Avg. profit /month$17,000
Why this business was started
I started this business because it's requires only a small weekly expenditure of time to operate the business.
I'm not just selling a store here but this is an established brand with almost 70,000 social media followers.
It's a product that most women can't own enough of because our brand sells exceptional handbags, backpacks and wallets that still has a lot of potential to grow.
This product also opens the children's market to the fact that it has a safety aspect in addition to its good looks. We have not yet launched the children's market.
A short overview about the figures: We have 33.000+ orders with more than 46.000pcs sold. The return rate is only 1.9% with more than $ 2.306.000+ million in sales. Average order value: $66,-
Return Customer Rate in 2020: 37,04%
2020 Overview! -> Revenue 2020: $177 108,79 / Total expenses: $122 999,30 / Profit 2020: $54 109,49
Alltime Overview! -> Revenue : $2 435 364,99 / Total expenses: $1 896 246,01/ Profit: $539 118,99
Currently we have 29 products with several variants and colors available. However, the manufactory regularly offers new products and gives you the opportunity to create your own wishes and designs.
The direct contact to an agent at the manufacturer of the products enables best business conditions.
The reason of selling this business
The main reason for the low sales price offered is that the corona crisis meant that sales in 2020 were much lower than in previous years. In addition my Facebook private business account became limited this year, so that it was not possible for me to manage my company business account of this brand anymore.
During this time where I could not advertise, I generated an average monthly revenue of about $12000-$13000 USD with a profit of about $7000 only with 6-8 newsletters per month.
Since december it is again possible for me to place facebook ads. Here I have generated with $3500 Adspend $18500 revenue. (As of december 26th 2020) The brand itself and the fan pages never had any restrictions on facebook.
As I do not intend to be active in the e-commerce sales business in the future, this brand will be offered in a favorable ratio compared to the total revenue/profit to achieve a faster sale.
What's involved in running this business
Regular posting of articles and stories on the social media channels. Creation of email newsletter. Forward orders by xls list to the seller. Fullfilling order by ''1 click''. Train email support workers. Create and optimize advertisements.
Traffic and Performance
- Avg. revenue /month$68,161Verified
- Avg. sessions /month57,185Verified
- Avg. profit /month$17,000
- Profit Margin20%
- Avg. sales /month1,185
- Shopify plan
- Email Marketing software, currency converter, order export software, cookie manager,
- Facebook / Instagram
- Website auto translator software
- Shopify transaction fees
Physical inventoryNot Included
Logo and branding assetsI provide the following. Logo in a few different styles (JPG, PNG, 3D MOCKUP's) Many hundreds of photos and videos in finished state as well as in raw material which can still be worked on. Transfered by google drive
Personal support after saleif it is necessary i provide 1 month personal support with all my experience about this brand
Product photosUnique created product photos in finished stat and also as raw material which still be worked on. Transeferd by google drive
SuppliersDirect contact to a personal agent from the manufacturer of the goods. Fast Shipping times with about 7-14 days. If good sales figures are generated in countries such as the USA or Germany, he also stores products there to provide faster shipping.
How to grow this business
The new owner will get for one month my 1 on 1 support to cover my scaling and growth strategies for the business.
•Facebook ads – currently we are spending $3500 / month. Increasing your spend would be a easy way no brainer way to increase sales. You can run ads easily yourself or outsource this. Make use of the 30.000+ customer emails - you can target them in your ads.
•Google ads - This would be a further opportunity to increase sales, which we have hardly taken advantage of so far. A google analytics account with all data is also included, which is a great help when searching for the target group and placing ads
•Emails - you use our current email marketing shopify app which allows you to automate all your email marketing from ready made templates.
• Influencer/Blogger - Additionally there are almost daily requests from influencers and bloggers who would also advertise the products for free. Currently we have about 200+ inquiries here, because we only work with influencers who have a really high reach. These open inquiries are also included
Skills to have
Be able to manage a small team/ communicate well with the team I have 1 employee who handle the entire day and do the work listed below for the company:
-administrative work - emails, customer service -orders and marketing - taking care of new customers, customer orders -Website and products - make changes if necessary
I have already set up my personal systems/templates to make things easier, and we will report on how all operations/strategies look for the company when we call after the sale. Please send us a message for more financial information and details.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.